Voyages profit leaps 35%

VOYAGES Indigenous Tourism Australia today reported a hefty $7m (35%) year-on-year spike in FY2016 pre-tax profit of its resort operation, reaching $27 million for the 12 month period. Its Ayers Rock Resort portfolio of properties achieved record occupancy, up from 74.4% last year (and 61% in FY2014) to a massive 82.5%, "underlying the strong and sustained turn-around in the financial performance of the Resort," Voyages said. Indigenous employment at Ayers Rock now accounts for one in three of the workforce (jumping to 309 and from two in 2011), ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 06 Oct 16